Fundpal.org: The Social Donation Platform for Non-Profits
FUNDPAL, SAN DIEGO STARTUP, LAUNCHES SOCIAL DONATION PLATFORM FOR NON-PROFITS
Founded by local San Diego entrepreneur Alex Bellini, Fundpal.org is the first direct donation platform specifically for non-profits on social media (currently on Twitter and Facebook).
FundPal was a finalist at the University of San Diego V2 startup competition as well as making the final rounds in Dell’s Social Innovation Challenge (2013), an award for organizations making a positive social impact around the world. After much hard work, FundPal launches today.
“We are really excited to share this technology with nonprofits of all sizes,” said Bellini. “There has been a major gap between nonprofits and their social media following-in terms of donations-and we aim to bridge that gap, to make it convenient for donors to support their favorite organization with a simple tweet.”
FundPal makes donating seamless, as links are embedded into social media posts that make donating a click away. Those social media posts are sent through FundPal.org via Twitter and Facebook, allowing your non- profit’s followers to stay connected as well as donate to a cause. Signing up is a breeze and after registering, funds are directed straight into the non-profit’s bank account; that’s right, FundPal doesn’t hold any custody funds, nor does it require a specific funding limit to be reached before funds are released to the non-profit. All funds transfer through PayPal, making it extremely secure.
“And did I mention it’s free?” said Bellini. “We don’t think its fair to charge a nonprofit to accept donations, the idea was to make it fast, easy and cost-free.”
Fundpal.org doesn’t charge an enrollment fee, monthly fee or dues, it is an application that is free to all non-profits, only charging a small transaction fee for every donation to offset processing fees.
Another feature, Fundpal incorporates a social impact feature, where donors can stay engaged with the cause by tracking how much money they’ve raised indirectly from their one donation and retweets. FundPal tracks the donation information, displaying it on the donor’s social media account, showing how $10 can turn into $1,000 depending on followers and possible donations. It’s an unprecedented merging of social media and philanthropy. FundPal is enrolling non-profits rapidly, but only for Twitter campaigns. The Facebook platform is currently in the works, planning on a December 2014 debut.
FundPal is based out of San Diego, California. Owned by local Alex Bellini, FundPal began development in January 2013. Bellini has more than seven years of experience in the technology industry, having launched a handful of successful startups such as Mobilizard Entertainment and SudNFud. Additionally, Bellini has been integral in the expansion of Aurora Capital’s specialty finance practice, operating internationally.
FundPal’s focus is assisting non-profits in raising funds on social media, in a way that preserves their brand image. FundPal’s philosophy is to teach non-profits to capitalize on a dormant asset – their millions of followers on social media – and create a one-click donation process that is socially viral in nature.
Check it out at: Fundpal.org